350Z's 2007 I Fund Thread

[Rod]

this is what I mean.The market was down 77 points when I posted this above. Now we are green. Look for a +fv today

Yeah, this market is something else!:nuts:

 

[airlift]

wow!!

 

[12%ayear]

Looks like the big drop happened right before noon. So hopefully everyone jumping from I today will have a good chance at dodging a -FV.

not happening..no-fv

 

[Robo5555]

U called it 12%. Whats on ur crystal glass for the rest of the week??

 

[poolman]

Any estimates ?

TIA

 

[Rod]

U called it 12%. Whats on ur crystal glass for the rest of the week??

"rest of the week"???

You can only take this CrAzY market ONE HOUR AT A TIME.:blink:

 

[Robo5555]

ur right...

 

[atcbullet]

I wish the worst was over. I'm afraid otherwise. Capital one. http://www.thestreet.com/s/mortgage-mess-mauls-capital-one/newsanalysis/banking/10375390.html

 

[tsptalk]

The perma bears (and I don't mean that in a derogatory way) have been saying that while PE's (price/earnings ratios) still appear low, that earnings cuts are going to be announced by anyone affected by the credit crunch, thus increasing PE's. Capital One is just what they were talking about. The question is, has the correction already priced in the expected weaker guidance from these companies?

 

[12%ayear]

Barclay has been using some fuzzy math. Today maybe they will give us more +FV. It does not ammter anyway because Nikkei rally part 2 tonight. Also OSMs seem ready to go up tomorrow. They sold off for light gains today.

 

[Bullitt]

Until more companies begin to lower guidance, the bears really don't have much to back things up. Let's hope that COF's news stays confined in the credit services industry and doesn't affect the entire market. I have to think though that if we're reading about it, it's already priced in everywhere else.

I like what happened with Lowes today. The market in general has such doom and gloom in store for any material (and bank) stocks that it didn't take much to ignite a fire in Lowes share price today. It almost seems that the worst of the news has already been priced in and only the absolute worst of the worst news will keep these stocks falling further. Lowes actually lowered their forward guidance today and rose 6%.

For what it's worth, I saw at thestreet.com that Cramer recommended COF on the sell block last week.

 

[12%ayear]

+ One Shiny, Copper Penny

 

[350zCommTech]

+ One Shiny, Copper Penny

It's half a G penny, but I'll take it. Anything is better than a loss.

 

[ebbnflow]

G 12.08 +.01 +0.08%
F 11.43 +.02 +0.18%
C 16.18 -.01 -0.06%
S 19.44 +.08 +0.41%
I 22.74 +.01 +0.04%

We'll take it! No FV, all even.

 

[jayhawker]

It's half a G penny, but I'll take it. Anything is better than a loss.

Easy for you to say! You made big money in the S fund Friday! I'm in the I Fund for the 2nd biggest day of the year and got a lousy penny! Now that's a saying that ought to be on a t-shirt! I got bamboozled!!!

 

[350zCommTech]

Easy for you to say! You made big money in the S fund Friday! I'm in the I Fund for the 2nd biggest day of the year and got a lousy penny! Now that's a saying that ought to be on a t-shirt! I got bamboozled!!!

I hear you. It sucks when a good move doesn't pay off because Barclay went too far on previous day's +FV. As I pointed out on Friday, with the dollar up, the worst case scenerio should hav been a 17 +FV.

Just be thankful that we didn't get hit with a -FV. What saved us today, as 12% pointed out, was the lack of conviction from the bears. They're scarred of helicopter Ben.

 

[atcbullet]

I hear you. It sucks when a good move doesn't pay off because Barclay went too far on previous day's +FV. As I pointed out on Friday, with the dollar up, the worst case scenerio should hav been a 17 +FV.

Just be thankful that we didn't get hit with a -FV. What saved us today, as 12% pointed out, was the lack of conviction from the bears. They're scarred of helicopter Ben.

Don't short the Fed. Then again, I think if you remain in this market you will pay a price. FWIW.

 

[dell]

I have absolutely no idea on what the market will do tomorrow, next week, or next month. I am still on the sidelines but looking for an entry point. I believe it is better to get caught up in the 20% down tick than to miss the major uptick.

By the way, if all is not lost, where is it?

Dell

 

[atcbullet]

I have absolutely no idea on what the market will do tomorrow, next week, or next month. I am still on the sidelines but looking for an entry point. I believe it is better to get caught up in the 20% down tick than to miss the major uptick.

By the way, if all is not lost, where is it?

Dell

The market always creates opportunities.

 

[Rustynutt]

I have absolutely no idea on what the market will do tomorrow, next week, or next month. I am still on the sidelines but looking for an entry point. I believe it is better to get caught up in the 20% down tick than to miss the major uptick.

By the way, if all is not lost, where is it?

Dell

The banks have it all on paper. That’s what the Europeans are trying to figure out, who is going to purchase it next. Unless they bought paper (which could be very likely the way it was packaged) to a lot in Tombstone Arizona, it’s just a matter of time before the big fish bite. Hot summer days don’t always make a good fishing day. What we’re waiting for, invested in the I fund, is to figure out how big of cut the government wants out of the deal. Just a matter of time.